Speedtalks

003: The Rise and Impact of Buy Now, Pay Later (BNPL)


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In the 3rd episode of Speedtalks, Michal Grela talks about the growing trend of Buy Now, Pay Later (BNPL) services in the financial tech industry.  
The episode covers:
  • A brief history and explanation of BNPL services.
  • Market insights, including the global market size surpassing $300 billion in 2023 and projected growth.
  • Key players in the BNPL space, such as Klarna, Affirm, Afterpay, and big tech entries like Apple.
  • The influence of BNPL on consumer behavior, emphasizing instant gratification and increased spending.
  • The impact of economic conditions on BNPL’s popularity and its implications for banks and financial institutions.
Whether you're a fintech professional, a banker, a retailer, or simply interested in financial trends, this episode is packed with valuable information you’d don’t want to miss.
 
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SpeedtalksBy Speednet